Breaking News: Economy

JetBlue shares tumble after airline lowers 2024 revenue outlook

Barbara Terrio

Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger ...

Will the Fed cut rates this year?

Barbara Terrio

It comes as a growing number of market participants have raised the possibility of no rate cuts at all this ...

China’s March factory activity expands for first time in six months

Barbara Terrio

Though the pace of growth was modest, it was also the highest PMI reading since March of last year, when ...

Gold prices have been hitting new highs — and the rally is far from over

Barbara Terrio

People browsing gold jewelry in Istanbul. Burak Kara | Getty Images News | Getty Images Gold prices tend to share ...

ADP jobs report February 2024

Barbara Terrio

Private sector job growth improved during February though growth was slightly less than expected, payrolls processing firm ADP reported Wednesday. ...

Retail sales January 2024:

Barbara Terrio

However, the pullback was considerably more than expected. Even excluding autos, sales dropped 0.6%, well below the estimate for a ...

Valentine’s Day chocolate prices higher as cocoa shortfall spikes

Barbara Terrio

Chocolates packaged for Valentine’s Day sit on a table on February 2, 2024 in Chicago, Illinois.  Scott Olson | Getty ...

China and Russia no longer perceived as top security threats, research finds

Abhinav Thawait

Supporters of the Fridays for Future climate action movement, including one holding a sign showing Russian President Vladimir Putin, in ...

Fed’s Neel Kashkari expects only two or three interest rate cuts this year

Barbara Terrio

Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, speaks during an interview with Reuters in New ...

Red Sea tensions risk significantly higher inflation, OECD warns

Abhinav Thawait

That could add 0.4 percentage points to overall price rises after a year, the OECD said in its latest economic ...

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